Unlock Tax-Free Freedom: Mastering the 5-Year Roth IRA Rule

Master the 5-Year Roth IRA Rule and receive tax-free withdrawals from Your Roth IRA! Confused about how to access your money in a Roth IRA without penalties? You're not alone! This video breaks down the 5-year rule in plain English, so you can confidently withdraw your contributions, earnings, and conversions tax-free. In this video, you'll learn: The different 5-year rules: Understand how one applies to your entire Roth IRA and the other to individual conversions. Contribution vs. earnings vs. conversions: Know exactly what you can take out penalty-free and when. Avoiding the 10% penalty: Discover key strategies to keep your hard-earned money in your pocket. Real-life examples and expert tips: See how the 5-year rule works in action and get practical advice for maximizing your Roth IRA. Whether you're a retiree, early investor, or just starting to plan for the future, this video is your guide to unlocking the tax-free power of your Roth IRA. Subscribe for more retirement planning tips and strategies! Chapters: 00:00 Intro 00:40 General IRA Info 1:00 The Five Year Withdraw Rule 1:15 Withdrawing Gains 2:08 Roth Conversions and the 5 year rule 2:48 Exceptions to the rule 3:15 Penalties for early withdraw 3:33 Case Studies and Examples -*-*- USEFUL LINKS -*-*- https://www.fitbux.com https://www.fitbux.com/money-school/ https://www.fitbux.com/podcast/ -*-*- S O C I A L S -*-*- Facebook: @FitBUXFinanceGroup Instagram: instagram.com/fitbuxofficial LinkedIn:   / fitbux